Insurance, often viewed as a tool for tax saving, offers much more in times of need. Commercial insurance companies, often lag to offer essential services to the poor and vulnerable, owing to the high premiums and lack of awareness. For them, the government schemes like Ayushman Bharat come to offer help. Today, we discuss the operations of the insurance industry, factors to decide the premium rates, benefits of the government schemes, and the importance of insurance.
About KK Srinivasan
- Mr. Srinivasan is a former member of the Board of the Insurance Regulatory and Development Authority of India.
- He is also a former CEO of the Tariff Advisory Committee.
- Mr. Srinivasan started his career as the director group officer of the recruitment agency of Tata.